Nepal to receive $20 million from UN climate fund after deadly August flood

Reuters reports that Nepal’s government said it will receive $20 million from the UN’s climate loss and damage fund after an August flood near Tibet. The flood killed about 1,500 people, with more than 5,000 still missing. Early official estimates suggest reconstruction could cost more than $4.7 billion; the aid is less than 1% of what Nepal needs to cover the flood’s costs.